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- Oil bounces but still tentative after steep 3-day slump
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SINGAPORE (Reuters) - Oil prices bounced above $130 a barrel on Friday as buyers came back into the market after a more than 10 percent slide in three days.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 23:59
- Gas bills to soar as oil link strengthens-report
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LONDON (Reuters) - Gas prices are going to be more strongly influenced by global oil markets for the foreseeable future and householders will have to get used to spending much more on energy unless the surge in oil costs is reversed, Eclipse Energy Group said.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 23:58
- Barclays shareholders take up 19 pct of open offer
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LONDON (Reuters) - Barclays said on Friday that qualifying shareholders took 19 percent of new shares made available in an open offer and that the rest would be taken up by “anchor” investors, as previously agreed.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 23:16
- Invensys says first quarter trading met expectations
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LONDON (Reuters) - Engineering firm Invensys said it traded in line with its own expectations in the three months to June 30, and it was confident of further progress this year.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 23:14
- Art in the Berkshires: An outsider in the galleries
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Looking over what the arts have wrought on the mill-towns of old MassachusettsTHE morning is unseasonably cold and I’m standing with a friend outside the Clark Art Institute in Williamstown, Massachusetts, pounding on the front door as if to break it down. It’s a few minutes before 10am, we’re late for an academic conference and underdressed for the freezing climate. Eventually, we cease our banging, so as not to disturb the crowd of nice-looking, elderly folk who have queued up behind us. “Good”, we think, “they’re here for the conference as well.” …
Original Source:
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17 July, 2008| massmedia |
Comments (0) @ 22:09
- Trichet says euro zone growth to hit trough in Q2 and Q3
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DUBLIN (Reuters) - Euro zone growth is likely to be weak in the second and third quarter before staging a recovery, and the risk of second-round inflation effects needs to be taken seriously and prevented, ECB President Jean-Claude Trichet said.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 21:35
- Microsoft profit outlook below expectations
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LOS ANGELES (Reuters) - Microsoft Corp posted a quarterly profit and outlook below Wall Street expectations on Thursday, citing “tough” economic conditions, and its shares fell 6 percent.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 18:22
- Treasury to set rules for next cycle
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LONDON (Reuters) - The Treasury said it would set out fiscal rules for the next economic cycle when the current cycle ends, dismissing a report that it was about to relax its framework to allow more borrowing.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 17:54
- Choosing Glaxo’s Cervarix could save money
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LONDON (Reuters) - The decision to choose GlaxoSmithKline’s Cervarix cervical cancer vaccine over Merck and Co’s Gardasil could save the government 20 million pounds annually, researchers said on Friday.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 17:28
- Treasury may relax fiscal rules
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Officials in the Treasury are looking at ways of relaxing Gordon Brown’s so-called fiscal rules on government finances….
Original Source: news.bbc.co.uk
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17 July, 2008| massmedia |
Comments (0) @ 17:20
- Cheaper oil fuels global stocks rally
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NEW YORK (Reuters) - Global stocks surged for a second day on Thursday as JPMorgan Chase’s earnings lifted the battered banking sector and a slide in oil prices to under $130 a barrel eased fears that inflation could run amok.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 17:13
- Google earnings disappoint and shares drop 8 percent
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SAN FRANCISCO (Reuters) - Google Inc reported a weaker-than-expected 35 percent rise in net profit as the company blamed lower returns from managing its huge cash pile rather than softening sales of online advertising.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 17:10
- Online retail spending up 38 percent
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LONDON (Reuters) - Online retail sales in Britain leapt 38 percent in the first half of the year to account for 17 pence in every pound spent, and this figure could rise to as high as 50 pence in five years, a report said on Friday.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 17:08
- UK internet shopping on the rise
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UK shoppers spent 17 pence in every pound online in the first half of the year, claims a retail report….
Original Source: news.bbc.co.uk
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17 July, 2008| massmedia |
Comments (0) @ 17:07
- Online retail spending up 38 pct
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LONDON (Reuters) - Online retail sales in Britain leapt 38 percent in the first half of the year to account for 17 pence in every pound spent, and this figure could rise to as high as 50 pence in five years, a report said on Friday.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 16:23
- Home gas bills to soar as oil link strengthens
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LONDON (Reuters) - Gas prices are going to be more strongly influenced by global oil markets for the foreseeable future and householders will have to get used to spending much more on energy unless the surge in oil costs is reversed, Eclipse Energy Group said.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 16:12
- UBS halts U.S. offshore services
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WASHINGTON (Reuters) - UBS AG overhauled its offshore private banking business for U.S. residents on Thursday in the face of accusations by congressional investigators that the Swiss bank helped clients dodge taxes.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 14:46
- Merrill selling assets
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NEW YORK (Reuters) - Merrill Lynch & Co on Thursday said it is selling close to $8 billion (4 billion pounds) of assets in a bid to raise fresh capital and posted a $4.9 billion second-quarter loss because of write-downs.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 14:35
- Google earnings miss expectations
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SAN FRANCISCO (Reuters) - Google Inc reported a weaker-than-expected 35 percent rise in quarterly net profit due to lower interest income and higher expenses for foreign currency hedges, driving its shares down 7 percent on Thursday.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 14:27
- EU files new competition charges against Intel
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BRUSSELS (Reuters) - European Union antitrust regulators made new accusations against chipmaker Intel Corp on Thursday, saying it paid retailers not to sell PCs using chips made by rival Advanced Micro Devices Inc.
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Original Source: feeds.reuters.com
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17 July, 2008| massmedia |
Comments (0) @ 14:12